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JeffreyArthurVA declared a COI at COIN on this page while it was a user space draft. I have moved it to draft space and added the COI template. ThatMontrealIP ( talk) 21:31, 10 July 2020 (UTC)
Established by cited sources: [1], [2], [3], [4] ~ Kvng ( talk) 16:32, 13 July 2020 (UTC)
Since the discussion above, it happens to be that some significant changes in the ownership structure of this company transpired. In more plain language, usage of the software produced by this company grew to the point where a new investor took note and bought a majority stake for $100 million, rendering two earlier investors as minority investors. This event is beyond WP:ROUTINE coverage as it is not strictly an investment blurb on a bulleted list that says "Company A raised $2 million this week; Company C raised $4 million...), but is a more sizable investment receiving media coverage that was made due to some fairly notable companies adopting this software, ultimately rendering an ownership structure change as reported here: https://techcrunch.com/2020/07/15/sumeru-equity-partners-buys-majority-stake-in-socialchorus-with-100m-investment/
Would one of you be able to review the text below and, if you deem it to be fitting, add it to the end of the article under the 2016 - present section? I've tried to keep it succinct and factual, just to state the context surrounding this investment (new, rather large companies adopted said software), the investment firm with the majority stake, the amount, and the resulting ownership structure note that two earlier investors remained on but as minority investors.
code for last paragraph
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By 2020 the software was being used to manage employee communications at approximately 120 large employers, including [[Ford Motor Company|Ford]] and [[Boeing]]. As a result, Sumeru Equity Partners led a $100 million investment in July 2020, making it the majority stakeholder. Two earlier investors''—''Kohlberg Ventures and Arrowroot Capital''—''remained involved in the company as significant minority investors.<ref name="Sum1">{{cite news |last1=Miller |first1=Ron |title=Sumeru Equity Partners buys majority stake in SocialChorus with $100M investment |url=https://techcrunch.com/2020/07/15/sumeru-equity-partners-buys-majority-stake-in-socialchorus-with-100m-investment/ |accessdate=23 July 2020 |publisher=TechCrunch |date=15 July 2020}}</ref> |
Regards, JeffreyArthurVA ( talk) 15:01, 23 July 2020 (UTC)
![]() | The user below has a request that a significant addition or re-write be made to this article for which that user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 177 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
Apologies - this was my first time using Wiki and I changed the SocialChorus page before I knew about the conflict of interest. You can take it back to its old way if you do not agree with my changes.
I do need ONE more change - the name changed from SocialChorus to Firstup in the header because we merged back in 2021. If you can also make the Dynamic Signal page past tense and link back to the new/updated SocialChorus/Firstup page since we are one team that would be great. You can also just remove the Dynamic Signal page since I merged the history in the SocialChorus/Firstup page.
SocialChorus and Dnamic Signal merged in 2021 as one company. We need our history merged and updates that happened since 2021.
BrittanyB418 ( talk) 16:35, 24 July 2024 (UTC)
References
![]() | This article was nominated for
deletion. Please review the prior discussions if you are considering re-nomination:
|
![]() | This article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||||||||||||||
|
![]() | The following Wikipedia contributor has declared a personal or professional connection to the subject of this article. Relevant policies and guidelines may include
conflict of interest,
autobiography, and
neutral point of view.
|
JeffreyArthurVA declared a COI at COIN on this page while it was a user space draft. I have moved it to draft space and added the COI template. ThatMontrealIP ( talk) 21:31, 10 July 2020 (UTC)
Established by cited sources: [1], [2], [3], [4] ~ Kvng ( talk) 16:32, 13 July 2020 (UTC)
Since the discussion above, it happens to be that some significant changes in the ownership structure of this company transpired. In more plain language, usage of the software produced by this company grew to the point where a new investor took note and bought a majority stake for $100 million, rendering two earlier investors as minority investors. This event is beyond WP:ROUTINE coverage as it is not strictly an investment blurb on a bulleted list that says "Company A raised $2 million this week; Company C raised $4 million...), but is a more sizable investment receiving media coverage that was made due to some fairly notable companies adopting this software, ultimately rendering an ownership structure change as reported here: https://techcrunch.com/2020/07/15/sumeru-equity-partners-buys-majority-stake-in-socialchorus-with-100m-investment/
Would one of you be able to review the text below and, if you deem it to be fitting, add it to the end of the article under the 2016 - present section? I've tried to keep it succinct and factual, just to state the context surrounding this investment (new, rather large companies adopted said software), the investment firm with the majority stake, the amount, and the resulting ownership structure note that two earlier investors remained on but as minority investors.
code for last paragraph
|
---|
By 2020 the software was being used to manage employee communications at approximately 120 large employers, including [[Ford Motor Company|Ford]] and [[Boeing]]. As a result, Sumeru Equity Partners led a $100 million investment in July 2020, making it the majority stakeholder. Two earlier investors''—''Kohlberg Ventures and Arrowroot Capital''—''remained involved in the company as significant minority investors.<ref name="Sum1">{{cite news |last1=Miller |first1=Ron |title=Sumeru Equity Partners buys majority stake in SocialChorus with $100M investment |url=https://techcrunch.com/2020/07/15/sumeru-equity-partners-buys-majority-stake-in-socialchorus-with-100m-investment/ |accessdate=23 July 2020 |publisher=TechCrunch |date=15 July 2020}}</ref> |
Regards, JeffreyArthurVA ( talk) 15:01, 23 July 2020 (UTC)
![]() | The user below has a request that a significant addition or re-write be made to this article for which that user has an actual or apparent conflict of interest. The requested edits backlog is high. Please be very patient. There are currently 177 requests waiting for review. Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies. |
Apologies - this was my first time using Wiki and I changed the SocialChorus page before I knew about the conflict of interest. You can take it back to its old way if you do not agree with my changes.
I do need ONE more change - the name changed from SocialChorus to Firstup in the header because we merged back in 2021. If you can also make the Dynamic Signal page past tense and link back to the new/updated SocialChorus/Firstup page since we are one team that would be great. You can also just remove the Dynamic Signal page since I merged the history in the SocialChorus/Firstup page.
SocialChorus and Dnamic Signal merged in 2021 as one company. We need our history merged and updates that happened since 2021.
BrittanyB418 ( talk) 16:35, 24 July 2024 (UTC)
References